We assign a technical rating of 3 out of 10 to MZTI. MZTI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
MZTI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
165.27
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 168.54 to 172.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MZTI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MZTI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MZTI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MZTI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MZTI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.5 | NEUTRAL | The RSI value for MZTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests MZTI has a negative trend. |
| Stochastics (14,3) | 42.54 | NEUTRAL | The Stochastics value for MZTI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for MZTI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.23 | NEGATIVE | The low ADX value for MZTI suggests a weak or negative trend. |
166.94
-0.19 (-0.11%)
MARZETTI COMPANY/THE / MZTI FAQ
What is the ChartMill technical rating of MARZETTI COMPANY/THE (MZTI) stock?
ChartMill assigns a technical rating of 3 / 10 to MZTI.
What is the trend direction for MZTI stock?
The current trend direction for MARZETTI COMPANY/THE (MZTI) is Bullish.
What is the RSI signal for MARZETTI COMPANY/THE (MZTI) stock?
MARZETTI COMPANY/THE (MZTI) has an RSI value of 45.4998. This indicates that the stock is currently neutral.
What is the MACD signal for MARZETTI COMPANY/THE (MZTI) stock?
The MACD indicator for MARZETTI COMPANY/THE (MZTI) has a value of -0.385237, indicating a bearish trend.
Can you provide the support and resistance levels for MARZETTI COMPANY/THE?
MARZETTI COMPANY/THE (MZTI) has a resistance level at 168.54. Check the full technical report for our detailed analysis of MZTI support and resistance levels.